ASCO Award 2010: Numcom awarded for Best Business Transformation
On June 1, 2010, the annual ASCO Award ceremony took place at the Kongresshaus in Zurich. Numcom, together with Bank Julius Baer, were awarded for their Compliance Solution for the Best Business Transformation.
It's a jury of 14 experienced professionals that verifies the projects to be qualified for the Award. In order to be selected, the companies (which have to be based in Switzerland) had to file their project describing its content and implementation and providing details about the customer with whom they had realized the project. Out of the numberous applications, the jury nominated 9 projects to be qualified for the ASCO Award.
We were awarded for our Appway BPM Compliance Solution and Regulatory Application which we implemented for Julius Baer Group the leading Swiss private banking group. Following a short abstract about the project, published on ASCO's website:
"Within the scope of the always more
demanding compliance rules, the
process of the delicate identity
verification of existing and new
customer relationships had been
successfully automated by the Appway
Compliance & Regulatory Application
(CoRA) between April 2008 and January
2009. Doing so, besides a considerable process benefit, the verification
quality could be increased, the
process sustainably positioned
througout all business levels and the
Bank Julius Baer as a Swiss Bank
reinforced in the international
regulative environment."
